Art Eatman
Staff in Memoriam
"...better stock up on everything."
Yup. Best way I know of to create or maintain a shortage.
Economics 101 says that when a supply is limited and the demand is high, prices rise. That's been true for thousands of years. However, "The solution to high prices is high prices." Why? Quite simple: An incentive has been created to increase the supply.
So Remington is expanding its ammo production in a plant in (IIRC) Arkansas. A brand-new company is building a plant in one of the Carolinas, expected to begin production next spring or summer. Other suppliers are also expanding production.
Tomorrow's prices to be higher than yesterday's? Sure. Higher costs for the inputs to the manufacturers. Chemicals for the powder and primers. Costs of equipment and its maintenance. Property taxes on the buildings. Labor. Insurance. Transportation. None of these items are static; certainly not in decline.
But as far as the present shortage? "We have met the enemy, and he is us." "Instant gratification" is always expensive. Some things never change. Never.
Yup. Best way I know of to create or maintain a shortage.
Economics 101 says that when a supply is limited and the demand is high, prices rise. That's been true for thousands of years. However, "The solution to high prices is high prices." Why? Quite simple: An incentive has been created to increase the supply.
So Remington is expanding its ammo production in a plant in (IIRC) Arkansas. A brand-new company is building a plant in one of the Carolinas, expected to begin production next spring or summer. Other suppliers are also expanding production.
Tomorrow's prices to be higher than yesterday's? Sure. Higher costs for the inputs to the manufacturers. Chemicals for the powder and primers. Costs of equipment and its maintenance. Property taxes on the buildings. Labor. Insurance. Transportation. None of these items are static; certainly not in decline.
But as far as the present shortage? "We have met the enemy, and he is us." "Instant gratification" is always expensive. Some things never change. Never.